Mandate

Vinge advises Fouriertransform in connection with investment in Norstel AB

January 27, 2010

Vinge has advised Fouriertransform, the Swedish state-owned venture capital company for the motor vehicle industry, in its acquisition of shares and convertible debentures in Norstel AB (publ). Norstel develops power supply systems and solutions and the investment amounts to EUR 10.5 million. The investment has been effected through a directed issue of new shares and convertible debentures. The investment will make Fouriertransform the company's largest individual shareholder.
 
Norstel has the potential to become one of the world's leading suppliers of Sic-wafers, which constitute an important element in the successful development and production of environmentally friendly hybrid vehicles. This is Fouriertransform's second investment. Vinge also advised on the first investment last autumn in the fuel cell company, Powercell Sweden AB.
 
Vinge's team consisted of Ulf Sallnäs, Helena Jonsson and David Andersson.

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